Friday, October 22, 2004

Russia has joined the Kyoto treaty train. Too bad the US is still staunchly against it.

"'We do not believe that the Kyoto Protocol is something that is realistic for the United States and we have no intention of signing or ratifying it,' State Department spokesman Adam Ereli said."
. . .
BBC science analyst Tracey Logan notes that many experts believe that Kyoto will be largely ineffective as the world's two biggest emitters, the US and China, will not cut their outputs."

But even if the US did join, they could buy pollution credits from Russia (carbon-trading).

"Others claim that Europeans will choose to buy Russian 'hot air' rather than tackle the tough job of making emissions cuts. But EU countries have agreed to meet more than half of their emissions targets at home. Moreover, it is not in Russia's interest to dump its carbon credits and risk a price collapse. Since credits are 'bankable', Russia will do better to hold on and hope that America will enter the market in future, greatly lifting their value." - The Economist, Oct. 9th-15th

The treaty is not going to be greatly effective, regardless. Still, I agree with The Economist's assessment that "a less aggressive treaty that actually works is surely better than a failed one."

Of course, the main reason the US cannot sign such a treaty is because it could be used to hold the country accountable to set standards.

About Me

Side Issues

Remember that giant squid that they found and were slowly thawing out? Of course you do.

It's now on exhibit in Te Papa, NZ. For those of us who can't make it down there they have kindly set up a great website. Check out the thawing and preserving process, see pictures of the great jiggling mass and build your own squid.